Bill Speros

CFTC Chairman Mike Selig used his appearance at the Milken Institute "Future of Finance" panel Tuesday to send a clear message: the federal government is not backing down from asserting jurisdiction over prediction markets — and formal guidance is coming soon. The headline: the CFTC plans to issue near-term guidance clarifying what event contracts can […]

The 2026 FIFA World Cup will be the biggest — and most-bet — sporting event in history. Our 2026 FIFA World Cup Betting Guide - 100 Days Out offers a look at what U.S. bettors can expect with the start of the tournament on June 11. That's 100 days from today. For the first time, […]

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The odds of getting a perfect NCAA tournament bracket are astronomical. But how do they compare to winning Powerball or Mega Millions? Let's take a look.

The 98th Academy Awards ceremony airs Sunday, March 15, 2026, starting at 7 p.m. ET on ABC. The show will be hosted by longtime TV late-night host Conan O'Brien for the second straight time. The nominations air live on ABC Thursday. Here is our 2026 Oscars Betting Guide: Odds, Best Bets for the 98th Academy Awards, complete with odds and […]

Both Kalshi and Polymarket are under fires for war-related trades after the U.S. and Israel strike on Iran. Meanwhile, elected officials and gaming regulators are expected to push for more scrutiny on prediction markets. Following President Trump’s early morning announcement Saturday, a market on the date of the next U.S. Iran Strike on Polymarket resolved […]

Prediction markets didn’t just react to the U.S. strike on Iran — they cashed in. But several markets, including Kalshi's 'Khamenei' trades on Iran's former Supreme Leader being removed from power. Within hours of confirmation, more than $529 million in “U.S. strikes Iran” contracts resolved on Polymarket. And almost as quickly, the political backlash reignited. […]

Sportsbooks aren’t just booking bets anymore — they’re booking risk. As prediction markets gain traction, operators like FanDuel are walking a billion-dollar tightrope between state-regulated sportsbooks and CFTC-regulated event contracts. The latest earnings call of FanDuel's parent company made one thing clear: FanDuel isn’t backing away from the prediction market experiment — it’s doubling down. […]

The future of sports betting, iGaming and prediction markets legislation news breaks daily. It weighs in the balance across the country as several states consider new laws. Multiple states continue the push to legalize iGaming. Others are looking to add or expand sports betting. The scope of sports betting is under scrutiny, as well as […]

Massachusetts on Thursday enacted first-in-the-nation rules on player limits imposed by legal sportsbooks. The new regulation requires legal sports betting operators in the Bay State to give players “timely notice” - 48 hours - that they have been limited, explain why they were limited, and inform them from which markets they have been limited. The Massachusetts […]

The battle lines between traditional gaming outlets and prediction markets deepened Thursday with the American Gaming Association's "2025 State Of The Industry" presentation. The AGA renewed its attacks on prediction markets after noting 2025 gaming revenue hit $78.7 billion in gross gaming revenue. That translated into $18.09 billion in gaming tax revenue for state and local governments, […]

The 2026 World Cup is going to be a betting volume monster: more matches, more markets, more “first-bet ever” customers betting at the best sports betting apps, and more automated action behind the soccer scenes. The real question isn’t whether AI will “pick winners” better. It’s whether AI will turn today’s small edges — timing, […]